We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.

All I have to do is think and not be influenced by others.

Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.

In the insurance business, there is no statute of limitation on stupidity.

I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?

The fundamental basis of above-average performance in the long run is sustainable competitive advantage.

Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press